A person invested some amount at the rate of 12% simple interestand some other amount at the rate of 10% simple interest. He received yearly interest of Rs 130. But if he had interchanged the amounts invested, he would have received Rs 4 moreas interest. How much amount did he invest at different rates?
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VijayaLaxmiMehra1:
Answer is 500, 700
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HELLO. !!!....
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●Let the amount invested Rs x at the rate of 12% and Rs. y at the rate of 10%
According to the question :-
●simple intrest on Rs x at 12% + simple intrest on Rs. y at 10% = 130
we know simple intrest = (principle × rate × time )/100 and apply the formula
(x × 12 × 1)/100 + ( y × 10 × 1)/100 = 130
=> 12x + 10y = 13000 ......................( equation 1)
●If he interchanged the amount invested , he would have received 4 more on intrest
then ,
simple intrest on Rs x at 10% + simple intrest on Rs. y at 12 % = 130 + 4
( x × 10 × 1)/100 + ( y × 12 × 1)/100 = 134
=> 10x + 12y = 13400 ................................( equation 2)
●solving both equation we will multiply by 12 in (equation 1) and multiply by 10 in (equation 2)
144x + 120y = 156000
100x + 120y = 134000
- - - ( subtracting the equation)
44x = 22000
x = 500
● put the value of x = 500 in equation 1
12 × 500 + 10y = 13000
6000 +10y = 13000
10y = 13000 -6000
10y = 7000
y = 7000/10
y = 700
●the amount invested at 12 % is 500 Rs and 10 % is 700
●we use simple intrest formula SI = (P × R × T) /100
●and the value is x = 500 Rs
y = 700 Rs.
_________________________
HOPE IT HELPS U DEAR !!!!
HAVE A GOOD SLEEP :))
# NIKKY
_____________________
●Let the amount invested Rs x at the rate of 12% and Rs. y at the rate of 10%
According to the question :-
●simple intrest on Rs x at 12% + simple intrest on Rs. y at 10% = 130
we know simple intrest = (principle × rate × time )/100 and apply the formula
(x × 12 × 1)/100 + ( y × 10 × 1)/100 = 130
=> 12x + 10y = 13000 ......................( equation 1)
●If he interchanged the amount invested , he would have received 4 more on intrest
then ,
simple intrest on Rs x at 10% + simple intrest on Rs. y at 12 % = 130 + 4
( x × 10 × 1)/100 + ( y × 12 × 1)/100 = 134
=> 10x + 12y = 13400 ................................( equation 2)
●solving both equation we will multiply by 12 in (equation 1) and multiply by 10 in (equation 2)
144x + 120y = 156000
100x + 120y = 134000
- - - ( subtracting the equation)
44x = 22000
x = 500
● put the value of x = 500 in equation 1
12 × 500 + 10y = 13000
6000 +10y = 13000
10y = 13000 -6000
10y = 7000
y = 7000/10
y = 700
●the amount invested at 12 % is 500 Rs and 10 % is 700
●we use simple intrest formula SI = (P × R × T) /100
●and the value is x = 500 Rs
y = 700 Rs.
_________________________
HOPE IT HELPS U DEAR !!!!
HAVE A GOOD SLEEP :))
# NIKKY
Answered by
9
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